Comments on: Family's well-hidden Savings Bonds found in trash http://www.savings-bond-advisor.com/familys-well-hidden-savings-bonds-found-in-trash/ Fri, 29 Aug 2008 20:23:34 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/familys-well-hidden-savings-bonds-found-in-trash/#comment-16571 Fri, 22 Feb 2008 15:46:08 +0000 http://www.savings-bond-advisor.com/familys-well-hidden-savings-bonds-found-in-trash/#comment-16571 Hi Mary - this website has hundreds of pages; I'm curious how you ended up on this particular one to ask this question. Your question is way too complicated to answer in a comment like this, but just tell your CPA or your attorney to get a copy of my book and spend a weekend reading it. Or you can read it yourself. The reader will then be able to give you all the advice you need about how to best handle this situation. There are several options with various pros and cons but a real difference in tax savings. There's a link to Amazon's page on the book at the right (click on the photo of the book). Tom Adams Hi Mary - this website has hundreds of pages; I'm curious how you ended up on this particular one to ask this question.

Your question is way too complicated to answer in a comment like this, but just tell your CPA or your attorney to get a copy of my book and spend a weekend reading it. Or you can read it yourself.

The reader will then be able to give you all the advice you need about how to best handle this situation. There are several options with various pros and cons but a real difference in tax savings. There's a link to Amazon's page on the book at the right (click on the photo of the book).

Tom Adams

]]> by: Mary Moha http://www.savings-bond-advisor.com/familys-well-hidden-savings-bonds-found-in-trash/#comment-16552 Fri, 22 Feb 2008 03:08:29 +0000 http://www.savings-bond-advisor.com/familys-well-hidden-savings-bonds-found-in-trash/#comment-16552 My sister passed away in August 2007. She had 154 bonds that were in her name & her deceased husband(died in 1984). I am the P.O.A. of the estate. 71 of them are mature($35,985 interest) and 83 are not. Before the end of 2007, I contacted my CPA and he said I should wait until 2008 to cash them. Now my attorney said there was a way I could have avoided the 2007 taxes if I cashed them in that year. Does he mean I should've changed the names on them??? I am in the process of cashing in the 71 bonds. I don't really need the money and will probably give the money to my grandchildren. Would it be a better idea to change the names to my grandkids on them and give them the bonds? I'm in a quandary. Help!! Mary Moha My sister passed away in August 2007. She had 154 bonds that were in her name & her deceased husband(died in 1984). I am the P.O.A. of the estate. 71 of them are mature($35,985 interest) and 83 are not. Before the end of 2007, I contacted my CPA and he said I should wait until 2008 to cash them. Now my attorney said there was a way I could have avoided the 2007 taxes if I cashed them in that year. Does he mean I should've changed the names on them??? I am in the process of cashing in the 71 bonds. I don't really need the money and will probably give the money to my grandchildren. Would it be a better idea to change the names to my grandkids on them and give them the bonds? I'm in a quandary. Help!! Mary Moha

]]> by: Tom Adams http://www.savings-bond-advisor.com/familys-well-hidden-savings-bonds-found-in-trash/#comment-4136 Fri, 01 Jun 2007 19:25:57 +0000 http://www.savings-bond-advisor.com/familys-well-hidden-savings-bonds-found-in-trash/#comment-4136 Carol - your grandparents' heirs can send a letter to the Treasury and ask for a search of the Savings Bond records. If a record of the bonds is found, you can have them replaced. You'll need to provide your grandparents' death certificates and Social Security Numbers. Details on what to put in your letter and where to send are in my post <a href="http://www.savings-bond-advisor.com/list-of-us-savings-bonds-by-ssn/" rel="nofollow" rel="nofollow" rel="nofollow">Get a List of Your Savings Bonds</a>. Tom Adams Carol - your grandparents' heirs can send a letter to the Treasury and ask for a search of the Savings Bond records. If a record of the bonds is found, you can have them replaced. You'll need to provide your grandparents' death certificates and Social Security Numbers. Details on what to put in your letter and where to send are in my post Get a List of Your Savings Bonds.

Tom Adams

]]> by: Carol Cohen http://www.savings-bond-advisor.com/familys-well-hidden-savings-bonds-found-in-trash/#comment-4130 Fri, 01 Jun 2007 18:21:58 +0000 http://www.savings-bond-advisor.com/familys-well-hidden-savings-bonds-found-in-trash/#comment-4130 My grandparents died in 1968 & 1988,I was told that there was some savings Bonds left in the hous. Since then, I heard the State took over the house for back taxes. How can I find out about these Bonds & possesions?! My grandparents died in 1968 & 1988,I was told that there was some savings Bonds left in the hous. Since then, I heard the State took over the house for back taxes. How can I find out about these Bonds & possesions?!

]]> by: baselle http://www.savings-bond-advisor.com/familys-well-hidden-savings-bonds-found-in-trash/#comment-751 Thu, 17 Aug 2006 04:20:54 +0000 http://www.savings-bond-advisor.com/familys-well-hidden-savings-bonds-found-in-trash/#comment-751 Last August, my sister and I went through 3 generations of stuff. We found four savings bonds in the process. That's why I immediately converted my 2 through Treasury Direct. Finding savings bonds is a chore that I don't want to do and a hassle that don't want to put my heirs through! Last August, my sister and I went through 3 generations of stuff. We found four savings bonds in the process. That's why I immediately converted my 2 through Treasury Direct. Finding savings bonds is a chore that I don't want to do and a hassle that don't want to put my heirs through!

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